Search for "cycle to work" segment:8031407 (KildareStreet.com)

Written Answers — Department of Finance: Cycling Policy (21 Sep 2021): Cormac Devlin: 205. To ask the Minister for Finance if he will consider extending eligibility of the cycle to work scheme to persons who are retired by introducing a self-assessed tax credit in Budget 2022; and if he will make a statement on the matter. [45075/21]
Written Answers — Department of Finance: Cycling Policy (21 Sep 2021): Paschal Donohoe: Section 118(5G) of the Taxes Consolidation Act 1997 (TCA 1997) provides for the ‘Cycle to Work’ scheme. This scheme provides an exemption from benefit-in-kind (BIK) where an employer purchases a bicycle and associated safety equipment for an employee. Under section 118B TCA 1997 an employer and employee may also enter into a salary sacrifice arrangement under which the...

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